tag:blogger.com,1999:blog-8964719845369935777.post2999829553647111535..comments2019-05-25T01:45:15.215-04:00Comments on Chemjobber: Dow, DuPont in merger talks to form one company, and then break up into 3 separate companiesChemjobberhttp://www.blogger.com/profile/15932113680515602275noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-8964719845369935777.post-79477093323645674002015-12-12T01:32:50.127-05:002015-12-12T01:32:50.127-05:00Ooh! I like that one.Ooh! I like that one.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-66981389171668044742015-12-11T11:11:25.614-05:002015-12-11T11:11:25.614-05:00DuPont is saying, &quot;CR&amp;D, now you don&#39;...DuPont is saying, &quot;CR&amp;D, now you don&#39;t!&quot; I&#39;m not Dow with this merger at all, but I guess the feelings and hardships of chemists are besides DuPont.DDTeanoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-80051003536187545612015-12-11T08:57:40.572-05:002015-12-11T08:57:40.572-05:00It&#39;s official: DowDuPont. Also, Dow will buy...It&#39;s official: DowDuPont. Also, Dow will buy Dow Corning.DuckOfDoomnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-80726222626866431122015-12-10T17:35:23.894-05:002015-12-10T17:35:23.894-05:00Twitter has it: DuPow
https://twitter.com/Westerv...Twitter has it: DuPow<br /><br />https://twitter.com/WesterveltCW/status/674729709033414657Chemjobberhttps://www.blogger.com/profile/15932113680515602275noreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-26006450462816682332015-12-10T15:47:49.279-05:002015-12-10T15:47:49.279-05:00Maybe it&#39;s our suicide note to ourselves. Not ...Maybe it&#39;s our suicide note to ourselves. Not how I was hoping to be remembered but...<br /><br />&quot;If you can&#39;t be a good example, at least you can be a terrible warning.&quot;Hapnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-8985899181111123682015-12-10T14:48:49.183-05:002015-12-10T14:48:49.183-05:00We have been in serious trouble for a while now, e...We have been in serious trouble for a while now, ever since the pall of short-termism infected every brain cell of our society. I can&#39;t see how this kind of unholy fusion would do anything but hasten the infection and the consequent demise. Condolences and best wishes to those affected.Wavefunctionhttps://www.blogger.com/profile/14993805391653267639noreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-71140272850980995902015-12-10T12:22:57.419-05:002015-12-10T12:22:57.419-05:00I&#39;m pretty sure Union Carbide still exists on ...I&#39;m pretty sure Union Carbide still exists on paper for exactly this purpose.KTnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-49429647977845026682015-12-10T11:01:05.943-05:002015-12-10T11:01:05.943-05:00Dowpont or Dudow are the news names I suggest.Dowpont or Dudow are the news names I suggest.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-60811044761292509172015-12-10T09:53:23.453-05:002015-12-10T09:53:23.453-05:00The people that sell to big pharma will. Researche...The people that sell to big pharma will. Researchers will just be along for the ride hoping that the company their working at will be one of the lucky ones bought and they get enough out of it to keep paying the bills.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-59895101150260131092015-12-10T07:49:16.828-05:002015-12-10T07:49:16.828-05:00I don&#39;t believe for a second that spinning off...I don&#39;t believe for a second that spinning off companies will allow Dupont to spin off liability. It may make litigation more complex and difficult, but the liability will not go away. Google &quot;Dupont Spelter smelter&quot; and read about that story to see what I mean. Any lawyers here to pipe in?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-79547715982270018212015-12-10T03:34:43.550-05:002015-12-10T03:34:43.550-05:00Hi anon, one stage which you left out relates to t...Hi anon, one stage which you left out relates to tax inversions...Generic Chemisthttps://www.blogger.com/profile/17368825556427261716noreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-31525431206108421372015-12-09T22:40:56.336-05:002015-12-09T22:40:56.336-05:00&gt; I never expected to read this type of news ab...&gt; I never expected to read this type of news about Dow or Dupont... I guess nothing lasts these days...<br /><br />Truly, but this is nothing short of catastrophic. Aren&#39;t there some national security issues around having sufficient industrial capacity?<br />Eka-siliconnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-51613147701055671972015-12-09T20:38:12.877-05:002015-12-09T20:38:12.877-05:00Maybe not quite. If you have a great idea, why not...Maybe not quite. If you have a great idea, why not own the IP, hire PhD scientists at $25/hr to make your idea work, and then you sell the idea (IP) to the big Pharm? You&#39;ll make a mint ! And you probably will rationalize in some fashion the fate of the people that worked for you got fired and are unemployed.NMHnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-62858911478638769992015-12-09T20:31:17.174-05:002015-12-09T20:31:17.174-05:00Soon all industry will follow the &quot;new&quot; ...Soon all industry will follow the &quot;new&quot; pharma model: become bloated, purge r&amp;d, fail to bring anything new to market, buy smaller rivals and startups, take that IP, purge r&amp;d . . . eventually, no one will want to fund/start new chemical companies. A return to school is sounding more prudent every dayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-20023437634385811272015-12-09T19:24:11.491-05:002015-12-09T19:24:11.491-05:00I worked for Dupont for about 14 years... got laid...I worked for Dupont for about 14 years... got laid off in the mid 90s. I was there long enough that I an supposed to get small pension at 65 from DuPont... I wonder if that is in jeopardy.<br /><br />While i did not work in Wilmington I did have to travel to a number of Dupont facilities (including the Experimental Station) and I have to say they were impressive!<br /><br />I never expected to read this type of news about Dow or Dupont... I guess nothing lasts these days...<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-66824106129475768192015-12-09T19:12:01.772-05:002015-12-09T19:12:01.772-05:00It seems to me that parent and sibling corporation...It seems to me that parent and sibling corporations should be responsible for the debts of their relatives for a long, long time after a split. It&#39;s ridiculous that a corporation can split in two, throw all the garbage on one side, and then have it declare bankruptcy and screw everyone over.<br /><br />Of course, I believe all executive pay going back ten years should also be on the table during bankrupcty proceedings, with a minimum of minimum wage (and of course, 19.9% interest and a $35 monthly late fee...what is good for customers is certainly good for executives!).<br /><br />Chad Brickhttps://www.blogger.com/profile/02396797613368443908noreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-42169207660223575722015-12-09T18:45:08.366-05:002015-12-09T18:45:08.366-05:00Anon, please e-mail me at chemjobber@gmail.com; co...Anon, please e-mail me at chemjobber@gmail.com; confidentiality guaranteed. Chemjobberhttps://www.blogger.com/profile/15932113680515602275noreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-7771208442677268632015-12-09T18:38:30.663-05:002015-12-09T18:38:30.663-05:00Expect a press release early next week re cost and...Expect a press release early next week re cost and headcount reductions at Dupont. Although likely to impact all businesses, CR&amp;D is going to be obliterated.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-69081135563639792412015-12-09T16:10:01.305-05:002015-12-09T16:10:01.305-05:00As an employee of one of these fine establishments...As an employee of one of these fine establishments with a proud and rich tradition, I am really looking forward to the Holiday pitch-in this year. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-69548682522026876672015-12-09T15:10:37.329-05:002015-12-09T15:10:37.329-05:001) definitely--that was set up to fail, and fail b...1) definitely--that was set up to fail, and fail big.<br />2) It&#39;s a sad year for a company that&#39;s basically as old as this country--they already moved their offices and basically destroyed downtown Wilmington. But at lest Peltz can squeeze a little more profit out of his minority stake.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-17411073019396433852015-12-09T13:36:58.030-05:002015-12-09T13:36:58.030-05:001) The creation of Chemours seems like a ploy to p...1) The creation of Chemours seems like a ploy to purge DuPont of liabilities rather than a legitimate attempt to separate businesses (as in Tronox/Kerr McGee), with the best (*cough*) of the GSK transfer of RTP to Parexel in the bargain. I can&#39;t imagine why that&#39;s not going well for Chemours.<br /><br />2) It seems like business here has given up on the idea of getting money by doing something useful - apparently, that&#39;s for chumps. We want someone else to create our products and hand us the cash. We also want to have fewer and less expensive people working for us while we charge higher and higher prices for our products. It&#39;s like a Ponzi scheme with better PR.Hapnoreply@blogger.com